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EDD (Enhanced Due Diligence) Operations Associate

Job Number: 3260638

DESCRIPTION

We’re seeking someone to join our team as an Associate in the Client Onboarding Due Diligence Team within the Firm’s Wealth Management Operations Group to support the execution of the Firm’s Enhanced Due Diligence protocols for new and existing high-risk clients.

We do this by engaging in client service activities, optimizing the client experience, and managing vendor/external business partner relationships.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

What you’ll do in the role:

• Execute processes/functions and/or support process management and project efforts, leveraging knowledge of the systems, markets and instruments that influence the team
• Recognize risk in day-to-day processes to draw out the key issues and contribute to process improvements
• Build relationships within team and partner with the Business Units, including Private Bankers, Lending Advisors and Branch Risk Officers, to ensure appropriate client onboarding processes and required due diligence is completed
• Participate in projects and initiatives, aiding in solution formulation with a focus on timely execution
• Partner with US Banks, E*Trade and Wealth Management Business Units to ensure appropriate adherence to EDD processes while providing a positive client experience.
• Ensure the appropriate collection of required information and/or documentation for new and existing clients to effectively support the firm’s Know Your Customer (KYC) program
• Demonstrate a strong understanding of the compliance and regulatory frameworks that apply to financial institutions #LI-JO1

QUALIFICATIONS

What you’ll bring to the role:

• Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision
• Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests
• Culture carrier across Operations, embracing the Firm's core values
• Strong knowledge of KYC, Customer Identification Program (CIP), and EDD requirements
• Have 3-5 years of relevant experience with BSA/AML Regulations within the financial services industry, or at a financial services regulator
• Strong interpersonal skills and ability to communicate effectively both verbally and in writing
• At least 2 years’ relevant experience would generally be expected to find the skills required for this role

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.

Learn more about how we put this commitment to action: morganstanley.com/diversity

We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

#LI-JO1